FEDERALBNK News Today

Indian equity markets likely to see another day of volatility

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Bank of England raises interest rate by 25 basis points.

• 24 March, 2023
• 9:01 AM
• less than a minute

SBI purchases Canara Bank’s share in a Russian Joint venture for Rs121 crore.

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In a regulatory filing, Canara Bank stated that it had received the whole payment, or Rs121.29 crore, for the sale of its stake on Thursday.

• 24 March, 2023
• 6:44 AM
• less than a minute

With unexpected inflation, the Bank of England raises interest rates by 25 basis points

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The BoE's nine rate-setters voted 7-2 to raise the Bank Rate by 25 basis points, to 4.25%, sounding more optimistic about the outlook for the modest rate of economic development in the nation.

• 24 March, 2023
• 6:38 AM
• less than a minute

Adani Power sells Support Properties Private Ltd to AdaniConnex

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According to a BSE filing, the parties to the proposed transaction, for which a legally binding memorandum of understanding had previously been signed, had "executed a Share Purchase Agreement and finalized the transaction."

• 24 March, 2023
• 6:35 AM
• less than a minute

Rush into money market mutual funds also caught US Federal Reserve by surprise

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Money market funds saw inflows of $121 billion in the week in which SVB collapsed.

• 23 March, 2023
• 4:07 PM
• less than a minute

Power Grid Corporation acquires Khavda II-C Transmission Ltd

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Acquisition done for Rs 18.45 crore.

• 23 March, 2023
• 12:32 PM
• less than a minute

Hindustan Zinc's dividend payments may ease Vedanta's debt repayment challenges

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Vedanta is the parent company of Hindustan Zinc.

• 23 March, 2023
• 9:39 AM
• less than a minute

Govt to sell up to 3.5% stake in HAL

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Floor price for the offer-for-sale set at Rs 2,450 per share.

• 23 March, 2023
• 9:28 AM
• less than a minute

Indian equity markets may see a mixed day today

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US Federal Reserve goes for a lower 25 basis point hike.

• 23 March, 2023
• 8:57 AM
• less than a minute

Markets end the day in Green

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Markets expecting 25 basis point interest rate hike from Federal Reserve.

• 22 March, 2023
• 4:02 PM
• less than a minute